FEATURED ARTICLES ABOUT MARK ZUCKERBERG - PAGE 3

BOSTON: Facebook founder Mark Zuckerberg's personal fortunes have soared, thanks to investment fund GSV Capital's recent stake in the social networking site which has put the Harvard dropout at a worth higher than Google founder Sergey Brin and Larry Page. Earlier this week, GSV Capital Corp bought 225,000 shares in Facebook at an average price of $29.28 each. This stake values the popular social networking site at about $70 billion. Based on the new investment, Zuckerberg in turn is worth approximately $18 billion, a report in Time magazine said.

NEW DELHI: Facebook founder Mark Zuckerberg will be visiting India this month and will most likely meet in this country one of the biggest fans (and user) of the social networking phenomenon he has created — Prime Minister Narendra Modi . Zuckerberg's visit to India, Facebook's fastest-growing market, will mark a hat-trick of India visits by high-profile CEOs of American corporations in a fortnight. Amazon founder Jeff Bezos and Microsoft boss Satya Nadella are already in the country now. Communications Minister Ravi Shankar Prasad confirmed to ETthat Zuckerberg, one of the world's youngest billionaires with a personal wealth estimated at $33 billion, has sought meetings with the prime minister and other senior ministers between October 9 and 10. Second Facebook honcho to visit India The minister declined to share more details of the meetings, but Facebook is widely tipped to be partnering the government in Swachh Bharat, one of Modi's pet initiatives aimed at improving cleanliness levels across the country.

SAN FRANCISCO: Mark Zuckerberg may sell about $1.7 billion of Facebook stock in the company's initial public offer to pay off taxes he will owe when he exercises options to buy 120 million shares. The social network's chief executive officer will owe taxes on gains related to the award of options, the Menlo Park, California-based company said this week in its IPO prospectus. The options were granted to Zuckerberg in 2005 and expire in 2015, and he will sell stock to cover liabilities, Facebook said.

MUMBAI: Mark Zuckerberg , the founder of world's largest public platform Facebook, has come out in support of the victims of the French newspaper Charlie Hebdo who were killed in Paris last week for the magazine's sustained work in drawing cartoons that were insulting to Prophet Muhammad and Islam, among other religions. Sharing his own experience in dealing with extremist elements, Zuckerberg said that Facebook is committed to building a service where everyone can speak freely without fear of violence.

Mark Zuckerberg's majority control over Facebook Inc, a model adopted by founders of Zynga and Groupon, has become the new normal in Silicon Valley as entrepreneurs' desire to hold sway trumps shareholder power. At least 10 of last year's technology initial public offerings included a special class of shares that give the founders more votes than new shareholders, according to data compiled by Bloomberg. Only five such IPOs were filed in 2010, with four in 2009 and three apiece in 2005 and 2007.

Facebook is betting huge on mobile with an eye-popping cash-and-stock deal worth up to $19 billion for Internet Age smartphone messaging service WhatsApp. The surprise mega-deal announced on Wednesday bolsters the world's biggest social network - which has more than 1.2 billion members - with the 450-million-strong WhatsApp, which will be operated independently with its own board. It fits with Facebook founder Mark Zuckerberg's focus on being at the center of lifestyles in which billions of people around the world share whatever they wish over the Internet using smartphones or tablets.

LONDON: Facebook founder Mark Zuckerberg has said that if the social networking website had not worked out he would have probably landed at Microsoft. "I probably would have taken an engineering job...(and) always had a lot of respect for Microsoft," he told Paul Graham, a co-founder of the tech venture capital fun Y Combinator, during a 45-minute interview before an audience of 1,700 at Stanford's Memorial Hall. "A lot of people from Harvard went to work there," the 28-year-old added.

NEW YORK: Facebook Inc's initial public offering will vastly increase the wealth of its 27-year-old co-founder Mark Zuckerberg , leaving him with over $1 billion in cash and stocks worth $17.6 billion. In a filing to the US Securities and Exchange Commission, Facebook said it will sell 337.41 million shares and the initial public offering (IPO) price will be between $28 and $35 per share. At this range, the company will be valued at between $77 billion and $96 billion.

NEW YORK:, Facebook's director of marketing Randi Zuckerberg , sister of the social network's billionaire founder Mark Zuckerberg , is leaving her brother's company to start her own social media consulting firm. Randi, who has been with Facebook for the last six years, said she feels it is the "perfect time" to move outside of Facebook to build a company focused on the "exciting trends underway in the media industry. " "I have decided my time at Facebook is coming to a close.